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Accounting
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21 Feb 2020

If production increases by 25%, how will total fixed costs likely react?

 

  1. Decrease by 25%

  2. Increase by 12.5%

  3. Increase by 25%

  4. Remain the same

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Nelly Stracke
Nelly StrackeLv2
21 Feb 2020
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Related questions

If the activity level increases 10%, total variable costs will

a. remain the same

b. decreases by less than 10%

c. increase 10%

d. increases by more than 10%

Choose the correct answer for the below :

Kramer Manufacturing produces blenders. Its total fixed costs are​ $30,000. Its variable costs are​ $55.00 per blender. As production of blenders increases​ (within the relevant​ range), fixed costs will :

  1. stay the same per unit.
  2. decrease as production increases.
  3. decrease per unit as production increases.
  4. increase as production decreases.

1.A business pays off a note payable. What effect does this have on the accounting? equation? A. Assets? increase, Liabilities remain the? same, and? Stockholders' Equity increases. B. Assets? increase, Liabilities? decrease, and? Stockholders' Equity remains the same. C. Assets? decrease, Liabilities remain the? same, and? Stockholders' Equity increases. D. Assets? decrease, Liabilities? decrease, and? Stockholders' Equity remains the same

2.

If Total Assets remain the same and Total? Stockholders' Equity? increases, Liabilities? will:

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increase by the same amount.

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decrease by the same amount.

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increase by a different amount.

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remain the same.

The Income Statement is used to? report:

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results of operations for a specific date.

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the financial position on a specific date.

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results of operations for a specific period.

The Balance Sheet is used to? report:

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results of operations for a specific period.

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the financial position for a specific period.

C.

the financial position on a specific date.

D.

results of operations for a specific date.

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